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NAB NEXUS Collaborator Award 2018

Presented by our platinum partner NAB, the NAB NEXUS Collaborator Award is designed to encourage meaningful collaborations between delegates from the NEXUS Australia 2018 Youth Summit to create an innovative and sustainable project that demonstrates the greatest potential for social impact.

$10,000 will be awarded to the winning entry to help kickstart the idea into reality.

Who is eligible to apply?

This award is open to two or more delegates who attended the NEXUS Australia 2018 Youth Summit who collaborated to create an innovative and sustainable social enterprise or not-for profit concept that fosters positive social change in the broader Australian community and beyond.

The social enterprise needs to achieve transformative social and/or environmental change, through the application of innovative and practical approaches that benefits society in general. The innovation can take the form of:

A new product or service;

A new production or distribution method;

A new labour supply;

The reformulation of an existing product or service

New organisational structures or funding models.

Your creative response is open across sectors (including profit in the not-for-profit sector and not-for-profit), and can target any worthy categories including The Arts; Education; Medical Research & Development; Environment & Climate Change; Animal Conservation; Minority Groups; Young People from Disadvantaged Backgrounds; Disability to name a few.

Please note, only ONE entry is permitted per idea. A primary contact, the “Entrant” will need to be nominated to submit the entry on behalf of the collaborating team. Entrants must be Australian citizens or residents.

Selection Criteria

Applications will be reviewed by a Judging Panel, who will award the prize based on the assessed merit of the partnership’s proposal. Applicants will need to demonstrate the following criteria in their project proposal:

Demonstration of the project vision, scope and scalability

Identification of key social or environmental issue that the project will address.

Demonstration that the project will create value by doing something differently

Evidence that the business model is sustainable for at least a 3 year period, including a method for financial stability beyond the initial grant money.

Demonstration of successful implementation to date within an Australian community

Demonstration of the capability to expanding the project to impact social change on a global level

Evidence that the applicants have the combined skills, experiences and resources to lead and scale the proposed project